'
Minda
Corporation hosted a conference call on Aug 12, 2025. In the conference call,
the company was represented by, Aakash Minda – Executive Director, and Vinod
Raheja – Group CFO.
Key takeaways of the call
The
company’s revenue grew 16.2% YoY in Q1 FY26 supported by resilient demand
across key vehicle segments.
In
Q1 FY26, the 2W industry witnessed soft growth and PVs faced muted retail
traction and high inventory levels despite strong SUV and EV contributions. The
tractor segment outperformed other segments with high single-digit growth,
supported by normal monsoon.
The
company remains focused on expanding its market reach, and enhancing exports.
Finance
cost increased in Q1 FY26 due to investments in flash electronics.
The
company has minimal exposure to the U.S. market, accounting for only 2% of its
revenue; hence, it is not s...
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